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Milken Inc. produces multi-colored lens for the astrological telescope industry. The planned production budget for the next few months is: July 5,200 lens, August 7,200,

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Milken Inc. produces multi-colored lens for the astrological telescope industry. The planned production budget for the next few months is: July 5,200 lens, August 7,200, September 7,200, October 8,000. Each lens requires 1.2 hours of grinding labor (paid $14 per hour) and 3.2 hours of polishing labor (paid $20 per hour). How many total labor hours will be budgeted for September? 7,200 8,640 22,670 31,680 Cemo, Inc. makes two-stage booster rockets for deep space exploration and has prepared the following plans for March. In March, planned production is 2,600 rockets, planned sales of 2,800 rockets, and direct materials inventory will stay constant. Direct materials Direct labor Manufacturing overhead Selling and administrative expense $ 8.00 per unit $10.40 per unit $11.60 per unit $12.00 per unit What is planned cost of goods sold for March? Multiple Choice $55,500 o $80,200 o o $84,000 C

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